Thai businesses increase investment in Vietnam
Giant Thai business group, Charoen Pokphand Group (CP), intends to
increase its investment in Vietnam , focusing on agriculture, real
estate and retail.
Giant Thai business group, Charoen Pokphand Group (CP), intends to
increase its investment in Vietnam , focusing on agriculture, real
estate and retail.
Vice President Sooksunt Jiumjaiswanglerg, who is in charge of CP’s agro –food product business in Vietnam said in the next five years, CP planned to build four more factories for processing animal feed and poultry with a combine capital of between 150 million USD and 200 million USD.
The plan is part of CP’s strategy to expand its business activities in Vietnam in the next five years.
Meanwhile, the Siam Cement Plc Group (SCG), Thai leading industrial group, will increase its investment in both domestic and foreign markets, particularly in Southeast Asia .
SCG is currently constructing a petro-chemical complex in Vietnam .
It has announced a plan, worth at least 100 billion baht (3.3 billion USD), to enlarge its business in ASEAN in five years to come./.
Vice President Sooksunt Jiumjaiswanglerg, who is in charge of CP’s agro –food product business in Vietnam said in the next five years, CP planned to build four more factories for processing animal feed and poultry with a combine capital of between 150 million USD and 200 million USD.
The plan is part of CP’s strategy to expand its business activities in Vietnam in the next five years.
Meanwhile, the Siam Cement Plc Group (SCG), Thai leading industrial group, will increase its investment in both domestic and foreign markets, particularly in Southeast Asia .
SCG is currently constructing a petro-chemical complex in Vietnam .
It has announced a plan, worth at least 100 billion baht (3.3 billion USD), to enlarge its business in ASEAN in five years to come./.
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